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Factors accelerating the process of Globalisation - Coggle Diagram
Factors accelerating the process of Globalisation
Transport
Containerisation - Standardising shipping measurements
Aviation
Security
Improved cyber security
Reducation of hacking
Encryptions
WCO
Management Systems and global supply chains
Economies of scale
Large groups of people managing each stage
E.g. Apple
Vertical and Horizontal integration
Outsourcing
Financial Systems
Inc. smooth transactions between currencies
Currencies in trade blocs
Deregulation of the banking systems
E-Commerce
Communications
Internet
Emails
AI
Broadband